The food giant Nestlé has announced that it plans to sack 6% of its global workforce in an effort to save CHF 1bn.
In all 16,000 will lose their jobs.
The company’s sales are down – turnover has dropped 2% over the last year.
The news has obviously unnerved workers at the company’s headquarters in Vevey – but management says no decision has been made on how many jobs will be lost in Switzerland – although there will be some. But the company says Swiss based workers won’t be disproportionally affected.
Geneva doubles down on ending cross-border school student access
Tram 17 will stop at border for two weeks
Uber drivers strike in Zurich
Much delayed shopping centre to go ahead
Police dog handlers call for better treatment
New Covid variant on the rise
